A.M. Look 7/20/21

Grains came back last night.

Gold is going in crypto as well as in FX terms.
GoldinEuro needs to break above daily cloud resistance.

Gold/YM hit daily could resistance @ its 50 DMA.

On a relative basis its holding up. In dollar terms it will take sustained price action above 1836.

Spoo is a gap trade.

Nasd 100…Gap is 14,580-14,656.
14,618 = 50% of gap.

30 Yr. Pit Bonds have a big gap below.
Do your work.

It will be more about tomorrow than it is today.

If you were in the room and paying attention to the conversation with Yra, Andrew and Angello late day you’ll know why.

This entry was posted in Archive and tagged , , , , . Bookmark the permalink.